ESG UPDATE
Rafael

Investor Concerns Send Telkom Indonesia Shares Tumbling 14,86%

Shares of PT Telkom Indonesia (Persero) Tbk (TLKM) tumbled 14.86% on Monday, June 9, 2026, hitting the Auto Reject Lower (ARB) limit as investors reacted to uncertainty surrounding the company’s annual shareholder meeting, dividend decisions, and concerns linked to a major procurement case. Despite the sell-off, analysts note that Telkom continues to maintain solid financial performance and is preparing a Rp4 trillion share buyback program.

2 months ago

Jakarta Reopens Car Free Day on Rasuna Said

The Jakarta administration has officially launched a new Car-Free Day route along Rasuna Said in South Jakarta, offering residents an alternative space for exercise, community activities, and environmental awareness initiatives.

2 months ago

5 Facts About the KPK Immigration Corruption Case

Indonesia’s Corruption Eradication Commission (KPK) has named Deputy Minister of Immigration and Corrections Silmy Karim and seven other officials as suspects in an alleged corruption scheme involving residence permits for foreign nationals. Here are five key facts about one of the country’s biggest anti-graft cases of 2026.

3 months ago

Southeast Asian Angel Investors Shift from Hypergrowth to Sustainable Startups

Angel investor Elisabeth Kurniawan believes the tech winter has not eliminated startup opportunities in Indonesia and Southeast Asia—it has simply made investors more disciplined. As capital shifts toward sustainable business models, founders with strong execution, proven demand, and customer retention strategies are increasingly attracting investor attention.

3 months ago

SDA Jakarta Moves to Repair Lenteng Agung Road Collapse

Jakarta authorities have begun emergency repairs after a major road collapse on Jalan Raya Lenteng Agung in South Jakarta disrupted traffic toward Depok. Officials suspect damage to an aging drainage channel beneath the roadway, with permanent repairs scheduled to take place over the next three days.

3 months ago
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